In a dramatic policy pivot the Fed announced Thursday that it will allow inflation to run 'hotter than normal' to help support the economies bounce back from coronavirus.
This means that interest rates are unlikely to dramatically rise any time soon. This doesn't mean that rates will stay as low as they are, but that…
Renting Your Home May Be An Alternative To Foreclosure
Rental rates have risen drastically over the past year. Monthly rental payments are currently higher than average mortgage payments in the majority of US metro areas. For homeowners facing the end of forbearance program grace periods, renting out their home may be the best option…
Quicken Loans LLC. is a mortgage lending company headquartered in the One Campus Martius building in the heart of the financial district of Downtown Detroit, Michigan. In January 2018, the company became the largest overall retail lender in the U.S. (it is also the largest online retail mortgage lender).[14] Unlike other large mortgage lenders that depend on deposits, Quicken Loans relies on wholesale funding to make…
AmeriSave Mortgage Corporation is a full-service mortgage lender operating in 49 states and DC. Established in Atlanta in 2002, it has funded 220,000+ homes for a total value of nearly $60 billion. AmeriSave is known for offering streamlined online applications with the option of contacting customer support any time you need assistance.
Overview
AmeriSave is…
Better Mortgage Corporation is a direct lender that uses technology to provide a fast and transparent digital mortgage experience backed by customer support. It was founded in 2014 and is backed by big-name investors including Citi, Goldman Sachs, Kleiner Perkins, and American Express. To date, it has originated more than $2 billion in conventional mortgage…
RateComparison.org is proud to begin providing weekday interest rate movement news and breakdowns. You'll be seeing many more posts from our newest writer Mrs. Lee Okwei, a proven finance writer who brings her unique understanding of interest rates to our site.
We'll continue to bring more and more financial experts to deliver…
If you’ve put savings into a certificate of deposit, or CD, you’re likely aware that the security it offers comes with a catch.
When you put money into one, you agree to leave it there for a certain amount of time, in exchange for a guaranteed rate of return.
And if you withdraw from the…
Getting a car loan with bad credit might seem impossible, but it's not. People with poor credit get approved for car loans all the time, and while it might seem challenging, you can take some steps to increase your chances of getting the loan—and the car—you need.
Credit scores are one of the factors lenders…
When homeowners find themselves in trouble financially, they often are concerned about how they will pay their mortgage every month. This can be the biggest monthly expense for many people and not being able to pay your mortgage can lead to stress and fear.
The FMERR program is a Freddie Mac Enhanced Relief Refinance mortgage…
Finding the best credit card is part art, part science.
No single credit card is better than all others in all categories — or for all people. But by understanding your options and asking the right questions, you can find the card that's the best fit for your spending habits and credit situation.
Follow these four steps to…